Global Thin Films Material Market Research Report

Thin film materials are majorly used in photovoltaic solar cells, microelectromechnical systems (MEMS), semiconductor and electrical (circuit boards), and optical coating. The global thin film material market is estimated to grow from $6,500 million in 2013, to reach $10,250 million by 2018, at a CAGR of 9.5%, from 2013 to 2018. The global thin film material market has also witnessed growth due to various governments investing increasingly in the solar industry worldwide, especially the developing countries. The drivers for the global thin film material market include high demand from current and emerging applications, development and modernization of infrastructure, increased demand for efficiency and miniaturization, advancement in technology, and decreasing raw material prices.

The report, ‘Global Thin Film Material Market’ defines and segments the global thin film materials market with analysis and projections of the size with respect to value. The global thin film materials market is analyzed in terms of revenue ($million) for all regions and their respective major countries. Revenues from each region have been broken down by types in thin film materials and the end-user industry. At the country level, the U.S., China, Japan, Germany, France, Italy, U.K., and Russia have been analyzed.

The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the global market for thin film materials.

The usage of thin film materials has expanded to other industries such as military, MEMS, and photovoltaic solar cells from its use some years back when it was mostly used for plating and coating purposes. In recent times, thin films materials have mostly been used in photovoltaic solar cells because of their smaller size and higher efficiency.

Thin film technology is used wherever precision resistors are needed. Thin film materials are very appropriate for high-density and high-frequency applications. The major factors driving growth in the thin film materials market include increasing demand for current & emerging applications, government policies, mandates, subsidies, advancement in technology, and rising demand for efficiency and miniaturization.

The thin film materials market is growing at a rapid pace globally. Europe holds the major market share followed by North America and Asia-Pacific. Though the market size is small in Asia-Pacific, it is growing at a fast pace due to the rising demand from end-user industries, especially in countries such as China and Japan. The market is experiencing steady growth in Europe; however, it will continue to grow at a significant rate in North America. The thin film materials market is still in its early stages in the Middle East & Africa and Latin America, but these regions are experiencing high growth on the account of increased infrastructure spending and low base effect. Countries like India and Germany have started lending indirect support to the solar industry. These countries are offering tax benefits to end users if they start using solar power. This in turn benefits the thin film materials manufacturing companies as the demand from the end-user industry (solar industry) is bound to increase.

The global thin film material market report covers the global thin film materials market and its trends that concern five major geographical regions, namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The global thin film material market Report also covers various major end-user industries, namely, photovoltaic solar cells, MEMS, semiconductors and electrical (circuit boards), and optical coating.

The types of thin film materials identified and included in the global thin film material market report are CdTe, CIGS, and amorphous silica. The types of deposition process included in this report are physical and chemical.

The global thin film material market report also provides an extensive competitive landscape of the companies operating in this market. The global thin film material market report also includes the company profiles of and competitive strategies adopted by various market players, including Anwell Solar, Ascent Solar Technologies Inc., Avancis GMBH & CO KG, Cicor Technologies Ltd. , First solar Inc & Company, Hanergy, Kaneka Solar energy, Masdar PV GMBH, Moser Baer India Ltd, Solar frontier, Suntech power Holding Co. Ltd, and Trony solar Holding Co. Ltd 

Customization Options

We can provide the following customization options for this report:

• Case study on the top market player, who holds 80% of the North American market share indicating its strategies, product innovations, and methods to specifically target North American and the European market
• Technical details can be provided on the applications of thin films material market (conversion rates, $/watt rate, life time PV cell)
• Currently, we have included only the third generation photovoltaic cells segment. Additionally, we can also include second generation photovoltaic cells segment, which will help the client to gauge an overall understanding of the market
• Government policies for the raw materials used for the thin film materials (Cadmium, Indium)
• Trends for renewable energy, and targets as per countries profiled in the report
• Comparison of wind energy and water energy with solar energy as per the $/watt, conversion rates and feasibility
• Analysis of non-solar application of thin film materials, and scope for growth of these nascent markets (MEMS, semiconductor)